Vermont sets its July 2020 through June 2021 contribution rates
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Thursday, August 13, 2020

Vermont sets its July 2020 through June 2021 contribution rates

By Payroll and Entitlements Editorial Staff

For the period of July 1, 2020, through June 30, 2021, rates will be determined under Schedule I and will range from 0.4% to 5.4%. New employers pay 1.0%, while new out-of-state employers pay as follows: 3.5% for employers involved in the construction of buildings; 4.9% for employers involved in heavy and civil engineering construction; and 4.2% for specialty trade contractors (DOL Communication).

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